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Marigold Corp. purchased machinery for $1260000 on January 1, 2017. Straight-line depreciation has been recorded based on a $84000 salvage value and a 5-year

Marigold Corp. purchased machinery for $1260000 on January 1, 2017. Straight-line depreciation has been recorded based on a $84000 salvage value and a 5-year useful life. The machinery was sold on May 1, 2021 at a gain of $26500. How much cash did Marigold receive from the sale of the machinery? $183300. $225300. $267300, $351300.

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